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  1. #1
    Guru
    Join Date
    Dec 2010
    Location
    near Mangonui Northland
    Posts
    4,079

    Default 2024 Yearly Stock Picking Competition

    I have been too distracted of late. Time to open for the new competition. Rules as for last year to be discussed as you see fit. i will repost them after finding them from 2023.
    Be aware of wizards, for they are subtle and quick to anger.
    that not forbidden is mandatory.
    Anyone but o'brien

  2. #2
    Guru
    Join Date
    Dec 2010
    Location
    near Mangonui Northland
    Posts
    4,079

    Default

    As a proposal :

    the prior years rules be considered. Please comment on these and propose any changes you think may be appropriate.
    For example - Is this competition for ASX Tickers only?

    prior rules are:




    Based upon the 2023 rules at beginning of that year i am suggesting :

    1 - ASX Stock picks only.

    2 - Dividends will be added to return.

    3 - 5 ASX Stock picks only.

    4 - no options etc.

    5 - Each stock pick will have a weighting of $10,000 (20% of portfolio)... ($50,000 in total for portfolio)...
    so performance can be posted in percentage returns, and/or $ returns.

    6 - Entries close before Market Open 2024 Australian time.

    7 - Entry price the first trading day of the year, 2023. If the ticker is not traded on the first day :: is the first-traded price from the day the ticker is first traded. Tickers must be given before Market open. It may be they are delayed trading for some reason.
    ANY grace period be requested BEFORE 2024 by post on the competition page, please.

    8 - if one of your picks hasn’t listed or is in suspension at the start of year we will just take the first traded price on the day that it lists or comes out of suspension.

    9 - takeovers may result in a new pick to the contestant, at the adjusted rate, if no provision is made by the Ticker or new Ticker owner.

    10. at any time a ticker may be converted to cash but must be bought back into before the end of the year - same ticker.
    if in cash when suspended or taken over or otherwise unavailable by year end : cash. That Ticker may not be swapped for another ticker

    11. if for some reason the ticker selected becomes unavailable or in error and the trader does not select another, then the next alphabetically available ticker be substituted to make up 5 valid tickers.

    These are ideas for discussion.

    PLEASE COMMENT. PLEASE PLACE ENTRIES IN BEFORE 2024 MARKET OPEN. PLEASE ASK FOR ANY EXTENSION / DIFFERENCE / EXCEPTIONS BEFORE 2024 MARKET OPEN.


    regards
    wizardAlvin

    Any Picks yet? Apologies for not looking ahead . . .
    Be aware of wizards, for they are subtle and quick to anger.
    that not forbidden is mandatory.
    Anyone but o'brien

  3. #3
    Member
    Join Date
    Feb 2003
    Location
    , Christchurch , NZ .
    Posts
    258

    Default

    Many thanks for all your efforts in running this competition every year, very much appreciated

    My picks for 2024 are...
    COH
    LRS
    WBT
    XRO
    ADY

    Cheers

  4. #4
    Senior Member
    Join Date
    Aug 2008
    Posts
    588

    Default

    Thanks again for running the comp.
    My picks
    LRS
    MAY
    RNU
    CNB
    TLG

    cheers

  5. #5
    Senior Member
    Join Date
    May 2002
    Location
    ChCh, , .
    Posts
    1,358

    Default

    I miss you guys...WIZ I sincerely hope you are traveling well..I wont enter the comp...it keeps me awake...However Ive bought back into LRS and some POD.
    because JB did.
    Last edited by troyvdh; 16-12-2023 at 08:51 PM.

  6. #6
    2019 NZ Stock Picking Winner silverblizzard888's Avatar
    Join Date
    Oct 2013
    Posts
    1,132

    Default

    Haven't entered this comp in a while, lets give 2024 a go. Thanks for running the comp Wiz.

    My picks:
    NEU
    TSK
    BOT
    CLG
    FND
    Last edited by silverblizzard888; 21-12-2023 at 02:40 PM.

  7. #7
    Member
    Join Date
    Apr 2007
    Location
    North Shore, Auckland , New Zealand.
    Posts
    452

    Default

    My Picks
    SPZ
    XRF
    ABB
    GNX
    ACF

    Cheers

  8. #8
    Senior Member
    Join Date
    Mar 2001
    Location
    Auckland, , New Zealand.
    Posts
    1,408

    Default

    Thanks again winz

    My Picks
    ACF
    FMG
    LYC
    LRS
    MAY

  9. #9
    Member
    Join Date
    Sep 2000
    Posts
    337

    Default

    Thanks again for your efforts in 2023.

    My picks

    MAY
    EXR
    TEG
    TMK
    BLU

  10. #10
    Member
    Join Date
    Mar 2013
    Location
    NZ
    Posts
    133

    Default

    Thankyou for organising 2024 picking comp.

    My picks
    fmg
    bhp
    zip
    jhx
    sgp

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